WDM(SH:600055) Zheng Quan Zhi Xing·2025-08-22 16:49Core Viewpoint - The company has announced the granting of reserved stock options under its 2025 stock option incentive plan, with a total of 1.2 million options to be granted at an exercise price of 15.05 yuan per option, effective from August 22, 2025 [1][10]. Group 1: Incentive Plan Details - The reserved grant date is set for August 22, 2025, with a total of 1.2 million options to be granted [1]. - The exercise price for the stock options is established at 15.05 yuan per option [1]. - The incentive plan has undergone necessary approval procedures and disclosures, including resolutions from the board and supervisory committee [2][3]. Group 2: Approval and Compliance - The 2025 stock option incentive plan has been approved by the company's 2024 annual general meeting, granting the board the authority to manage related matters [3]. - The supervisory committee has verified the list of incentive recipients and found no objections from employees during the public notice period [2][8]. - The board has confirmed that both the company and the incentive recipients meet the conditions for granting stock options as per relevant regulations [4][11]. Group 3: Performance Assessment - The stock options will have a validity period of up to 60 months from the grant date, with specific waiting and exercise periods defined [5][6]. - The performance assessment for the stock options will be based on the company's revenue growth and R&D investment rates over the years 2025 to 2027 [6][7]. - Individual performance assessments will also be conducted, determining the exercise ratio based on internal performance evaluation [6][7]. Group 4: Financial Impact - The company will use the Black-Scholes model to determine the fair value of the stock options at the grant date, impacting the company's financial statements [9][10]. - The estimated costs associated with the stock option plan will be amortized over the relevant periods, with a minor expected impact on the company's operating performance [10][11].